Coppermoly Ltd - COY share price

About

Coppermoly Limited is an exploration company. The Company is engaged in exploration and evaluation of porphyry copper-molybdenum-gold projects in Papua New Guinea. It is focused on porphyry style large scale-low grade projects that are prospective for copper, gold and molybdenum. The Company's projects are located on New Britain Island in Papua New Guinea. The Company holds two exploration licenses: EL1043 Mt Nakru and EL2379 Simuku, which are together known as the West New Britain Projects (WNB Projects). It also has ownership of three other tenements located on New Britain Island, including EL2014 Makmak, where early exploration is focused on the Pulding and Wara Creek prospects, as well as two aeromagnetic anomalies; EL1782 Powell in East New Britain, which is a grassroots project with copper potential, and EL2272 Wowonga, which covers the southeast extensions of the Nakru trend. The Company's subsidiary is Copper Quest PNG Limited.